| The Toyota Motor Corporation was founded by | | | | founding in 1937 because its employees follow a 14 |
| Kiichiro Toyoda in 1937 with its headquarters located in | | | | point production system known as The Toyota Way. |
| Aichi, Nagoya and Tokyo, Japan. As of current | | | | Their 14 point philosophy is as follows: |
| surveys and estimates, Toyota is the world's largest | | | | "Base your management decisions on a long-term |
| vehicle manufacturing company. Toyoda founded the | | | | philosophy, even at the expense of short-term goals. |
| company in 1937 as a spinoff of the Toyota Industries | | | | Create continuous process flow to bring problems to |
| Company, founded by his father. Their first product | | | | the surface. Use "pull" systems to avoid |
| was an engine in 1936 and its first vehicle was the | | | | overproduction. Level out the workload. Build a culture |
| Toyota AA in 1936. The Toyota AA was a | | | | of stopping to fix problems, to get quality right the first |
| passenger car. Toyota owns and operates Lexus and | | | | time. Standardized tasks are the foundation for |
| Scion while having a stake in Isuzu and Yamaha. | | | | continuous improvement and employee empowerment. |
| As did every other vehicle manufacturing company did, | | | | Use visual control so no problems are hidden. Use only |
| Toyota played a part in World War II transportation. | | | | reliable, thoroughly tested technology that serves your |
| They produced a line of trucks for the Japanese | | | | people and processes. Grow leaders who thoroughly |
| Imperial Army that were kept simple in design because | | | | understand the work, live the philosophy, and teach it |
| of the war shortages. These trucks had only one | | | | to others. Develop exceptional people and teams who |
| headlight on them, in the center and front of the hood. | | | | follow your company's philosophy. Respect your |
| There was a scheduled bombing raid on the | | | | extended network of partners and suppliers by |
| manufacturing plants in Aichi by the Allied forces but it | | | | challenging them and helping them improve. Go and |
| never took place because the scheduled date came | | | | see for yourself to thoroughly understand the situation. |
| after the peace treaty to end the war in the Pacific | | | | Make decisions slowly by consensus, thoroughly |
| Corridor had been signed. | | | | considering all options; implement decisions rapidly. |
| Toyota became popular in the United States in the | | | | Become a learning organization through relentless |
| decade of the 1970s because of the fuel shortage | | | | reflection and continuous improvement." |
| crisis. American were looking for smaller vehicles with | | | | Toyota employs roughly 316,000 people worldwide and |
| better fuel economy or gas mileage. The Toyota | | | | all of them have to follow these 14 points to be a |
| model called the Corolla was a perfect fit for | | | | successful employee. Smart business transactions and |
| Americans. Toyota has sold over 30 million Corollas | | | | strong customer service has been the staple of the |
| since its release in 1966. It is easily the most popular | | | | Toyota Company since its inception in 1937. Toyota |
| and successful compact car on the market today | | | | also provides financial advice under their Toyota |
| throughout the world. | | | | Financial Services division and they also manufacture a |
| Toyota has been such a successful company since its | | | | variety of robots and concept cars. |